Direct foreign investment is normally completed first, and then capital budgeting can be applied later.
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Q9: Managers of MNCs may attempt to expand
Q10: When a foreign currency is perceived by
Q11: According to your text, _ is a
Q12: Along the frontier of efficient project portfolios,
Q13: Due to market imperfections, the cost of
Q15: The overall variability of a firm's returns
Q16: Once a decision to establish a foreign
Q17: MNCs can probably achieve more desirable risk-return
Q18: Even if production costs are higher in
Q19: The most important cost-related motive for direct
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